BK

Company Profile

Bank of New York Mellon (BK) is a global financial services company focused on helping clients manage and service their financial assets, operating in 37 countries. The company has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt. The company, formerly known as The Bank of New York Company, Inc., was founded in 1784. It changed its name to The Bank of New York Mellon Corporation in 2007. Bank of New York Mellon is largely affected by financial markets and the general economy. Bank of New York Mellon has been increasing its dividend since 2011. Bank of New York Mellon pays its dividends quarterly.